The virtual organisation can be termed as the organisation where the members are geographically apart from each other and work by using information technology for the purpose of supporting the work and communication. Further, it does not show the attribute of the firm but considered as a kind of different organisation. The present report is based on understanding the concept organisation which helps the employees to get different opportunism at the time of working (Bal, Lashari and Nabavieh, 2014). Further, it also covers the various benefits of virtual organisation which make the job as well as employees more effective as well as efficient in their work. Moreover, there are different types of challenges are faced in virtual organisation such as dilemmas of strategic planning, loss of control along with a requirement of appropriate managerial skills. In this type of organisation there is requirement of appropriate knowledge of technologies which can be properly utilise at the time of managing different activities of the business. This report also explained the different strategies which helps in promoting the success of virtual organisation so that it helps a company to aware people regarding the organisation.
Virtual organisation refers to an organisation that involves the separate and circularize entities with appropriate information technology that helps in the work as well as communication. It is a connection of cooperation made with the help of information and communication technology that is flexible for meeting the changes of the market. Furthermore, it is regarded as a social network which helps in removing the horizontal and vertical boundaries so that it is considered as boundary less organisations. In this, an individual working out of the physically dispersed areas or working from mobile devices and not bound with any particular space of work. Through information and communication technology which helps in coordinates the activities and combines the workers and their skills for achieving the goals and objectives which are set by the virtual organisation (Börjesson, Elmquist and Hooge, 2014). All of the activities are controlled and coordinated through the network lines by the manager of the company.
However, while considering the different issue of flexibility which provides various options such as job sharing, home-based work. There is one of the most significant issue which includes to attain the flexibility for responding the changes it can be internal as well as external which helps in determining the extent of control and the autonomy amount which can be imposed by the virtual organisation on their members. It is considered as those type of companies whose employees do work from home and interaction with the workplace can be done with the help of computers. For example, there are some of the companies which using some kind of telecommuting are Coherent Technologies, Dow Chemicals etc. These types of organisation which is characterized by the outsourcing of competencies and the different areas of outsourcing covers the human resources, research and development along with sales and marketing. For instance, the performance of Nike is very well in marketing as well as product design so that which is based on the outsources of information technology for maintaining the inter organisational coordination (Gibbs, Sivunen and Boyraz, 2017). This type of companies can be described as the organisation which are without walls and highly connected to the huge network of suppliers, customers and the joint venture partners.
In addition to this, the management of virtual organisation is can be analysed through the human issues and technical issues. For instance, there are different experience and cultures plays an important role in the collaboration. Other than this, communication among the partners along with the planning.
In the modern era, virtual organisation are considered as some of the most effective way to increase the activities of a business. This type of organisations are used to describe the network of independent firms which join together for the purpose of producing goods and services. The main aim of virtual organisation is to give innovative and high quality products for responding the demands of customers. This organisation creates new linkages, advanced information technology it is considered as important element which is the key or success of virtual org